I shared a little about me and what Neuroware does whilst also providing a little context as to why we have blockchains and why it is we started the Blockchain Developers Malaysia group
[2024]Digital Global Overview Report 2024 Meltwater.pdf
BDM Meetup #1 - Blockchains for Developers - Part 01
1. BLOCKCHAIN DEVELOPERS MALAYSIA
http://neuroware.io
Meetup #1 - Blockchain Basics - September, 2017
sponsored by
BLOCKCHAIN DEVELOPER PRESENTATIONS
MARK SMALLEY - BLOCKCHAINS FOR DEVELOPERS - PART 01
TM LEE ( COINGECKO.com ) - INTRODUCING LIGHTNING NETWORKS
TC WU ( HELLOGOLD.com ) - HELLO GOLD’S SMART CONTRACTS ON ETHEREUM
2. INTRODUCING THE BIG BLOCK BITCOIN MINIMALIST
Mark Smalley - CEO ( Neuroware.io )
Living in Malaysia for the past 20 Years
Building FinTech Applications for 15 Years
Spent 10 Years Helping Tech Communities
Building Blockchain Apps for 5 Years
3. NEUROWARE - FIRST MSC STATUS BLOCKCHAIN COMPANY
GLOBAL
FUNDING
Only Malaysian company to graduate
from 500 Startups Accelerator in Silicon
Valley, with funding from Coinsilium too
FINTECH
FOCUS
With DBS, Maybank and Securities
Commission of Malaysia as clients, we
have a broad understanding of fintech
FULL-STACK
SERVICES
We provide corporate blockchain
training and workshops along with
consulting on solutions utilizing Cortex
CORTEX
aws for blockchains
CONSULTINGTRAINING
4. CORTEX IS OUR UNIFIED INTERFACE FOR MULTIPLE CHAINS
DN-KEY CRYPT
Private Key Management
Multi Signature Signing
Public Key Broadcasting
Key Abstraction / Revocation
BABELBLOCKAUTH EVERSTORE
KEEP
Enterprise Wallets
PASSPORT
Keys & Identity
INTEGRITY
Data & Notarisation
GUILD
POS & Tokens
API
APPS
9. GROUP CONSENSUS WAS USED FOR TRANSACTIONS
● Size wasn’t everything
● The history of each stone
determined its individual value
● Conducting transactions quite
literally involved a song & dance
● This required the majority of people
from the village to be present
14. WITHOUT PROPER REGULATION IT WILL CONTINUE FAILING
World War 2
US$3 Trillion
All other USA
wars combined
2008 Financial Bailout
US$8.5 Trillion
this inspired several
movements - including
the creation of bitcoin
15. VsBITCOIN
( the first application / popular digital asset )
BLOCKCHAINS
( underlying tech / shared public ledger )
16. VsETHEREUM
( open network for building anything )
PRIVATE NETWORKS
( very similar to traditional database )
17. VsPUBLIC BLOCKCHAINS
( enables permissionless innovation )
PERMISSIONED LEDGERS
( puts new central controllers into authority )
18. US$144 BILLION REASONS TO CHOOSE THE RIGHT CHAIN
11 BLOCKCHAINS NOW HAVE OVER US$1 BILLION MARKET CAPITALIZATIONS
19. THE ONLY CHAINS WE SUPPORT USE PROOF OF WORK
Data from CoinGecko on June 6th Bitcoin Litecoin Dogecoin Dash Ethereum ETC
Coin Limit 21 Million 84 Million UNLIMITED 22 Million Unknown 200+ Million
Current Supply 16 Million 51 Million 100 Billion 7 Million 91 Million 91 Million
Mining Algorithm SHA-256 Scrypt Scrypt X11 Ethash Ethash
Hash-Rate 644 PH/s 7.2 TH/s 6 TH/s 3.6 TH/s 30 TH/s Unknown
Average Block Time 10 Minutes 2.5 Minutes 1 Minute 2.5 Minutes 10 Seconds 10 Seconds
Launched 03 / JAN / 09 07 / OCT / 11 08 / DEC / 13 19 / JAN / 14 30 / JUL / 15 25 / OCT / 16
US$ Price per Coin US$2,800+ US$30 US$0.0038 US$149 US$260 US$17
Current Market Cap US$47+ B US$1.5+ B US$420+ M US$1+ B US$24+ B US$1.6+ B
Size of Raw Blockchain 135 GB 8 GB 21 GB 3 GB 180 GB 120 GB
Hardware Cost of 51% Attack US$1.6+ B US$240+ M US$200+ M US$450+ M Unknown Unknown
20. ALWAYS TRY TO REMAIN CAUTIOUS - JUST 60 DAYS AGO
Everything Else
(US$7+ Billion)
Ethereum X 2, Ripple,
NEM, Litecoin & Dash
(US$38+ Billion)
Bitcoin
(US$38+ Billion)
28. TRANSACTIONS ARE BATCHED INTO BLOCKS
● Transactions are batched into blocks every ten minutes (with Bitcoin)
● The block is added to the chain with a link to the previous block
● With the block added to the chain, its transactions are then confirmed
34. SOME OF THE PROJECTS WE HAVE BEEN EXPLORING
BANKING
From AML & KYC cost reductions to
reward schemes & reaching the
unbanked or general key-signing
LEGAL
Cryptographically secure document
notarization, copyright protection,
and dispute settlement
GAMING
Share digital assets between an
entire network of games, or use the
blockchains to create immutable
persistent open-worlds
HEALTHCARE
Complete and immutable family
histories of every related diagnosis
and condition available from 1 key
GOVERNANCE
Increase the accountability of public
officials and offer total
transparency in voting & elections
ASSETS
Track possession of your property
in the digital economy by creating,
managing, storing, or sharing
multiple asset classes
ACCOUNTING
Creation of programmable processes
& automated auditing trails increase
transparency & efficiency
LOGISTICS
Tracking of shipping cycles and
provenance systems that
autonomously verify actions
INSURANCE
Integrated insurance and medical
services can be intelligently designed
to quickly and contractually settle
claims with cryptographically
35. AT THE HEART OF IT ALL IS DISTRIBUTED DATA
CENTRALIZATION
DATABASE
DECENTRALIZATION
THE CLOUD
DISTRIBUTION
BLOCKCHAINS
36. RANGING FROM PUBLIC STORAGE TO PRIVATE VALIDATION
● Blockchains can provide a tamper proof audit trail for structured data
○ Useful for public data (births, deaths, marriages and education)
○ Ideal for sharing data (identity, loyalty, supply chains and healthcare)
● Alternatively, blockchains can also be used to timestamp data hashes
○ Useful for large data sets (such as data lake authenticity checks)
○ Ideal for compliance (independently verify data timelines)
● Simple applications that require limited data can run autonomously without
the need to pay for and (or) service ongoing hosting or server requirements
○ Useful for operating censor resistant applications
37. LET ME SHOW YOU A SERVER-LESS DEMO
( HTML5 BLOCKCHAIN-BASED LOGIN SYSTEM )
39. THE DATA IS 100% BLOCKCHAIN-BASED (BITCOIN, DOGECOIN and DASH)
available for as long as the network lives at no extra cost, no matter what happens to me